Various experiences mining for Bitcoins and other altcoins ~ part 2

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First 30+ days of mining

Since last time I have been looking into cloud mining, as my laptop would not make much of a profit, which I posted about in part 1 - found here: https://steemit.com/mining/@jonrhythmic/various-experiences-with-mining-for-bitcoins-and-other-altcoins

Image source: moneycontrol.com

Another two weeks down the line I have gain even more valuable experiences I thought I would share with all of you:

  1. Cloud mining is not going to make you rich quick!
  2. I invested roughly $65 in three different cloud mining offers, and make less than a dollar a day per investment.

  3. There are plenty of scam sites, so be very cautious!
  4. Most cloud mining scam sites look professional and might even pay out at first, but after a while all payouts are stopped, typically of ponzi schemes.

  5. NEVER invest more than you can afford to loose!
  6. If it looks to good to be true, it usually is a fraud!

  7. Always double check your info, and get a second opinion from someone you trust!
  8. Search for more info about the company online and see what other people have to say.

Have you gained any hard earned experiences on cloud mining you would like to share with the rest of us? Leave a comment in the section below!

Also, feel free to upvote, resteem and follow me jonrhythmic@jonrhythmic

Various experiences mining for Bitcoins and other altcoins ~ part 2 | Ecency